FXstreet.com (Barcelona) - Industrial orders have picked up strongly in October, after the poor figures posted in September, according to figures by Eurostat, the European statistics office.

In the Euro Zone, industrial new orders have posted a 2.5% increase in October from September, instead of the 2.0% increase advanced by the experts. September's reading has been upwardly revised to a 1.0% decrease, from the 16% fall previously estimated.

On the year, new orders have jumped 10.9% following a 2.4% year-on-year increase in September, upwardly revised from the initial 2.0% rise estimated.